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Business News/ Companies / Accenture’s net revenue rises 5.1%
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Accenture’s net revenue rises 5.1%

Accenture reported a 5.1% increase in quarterly net revenue as the its investments to boost its digital and cloud service offerings paid off

Accenture has been investing heavily on acquisitions to boost its digital, cloud and security-related offerings. Photo: Hemant Mishra/MintPremium
Accenture has been investing heavily on acquisitions to boost its digital, cloud and security-related offerings. Photo: Hemant Mishra/Mint

Bengaluru: Consulting and outsourcing services provider Accenture Plc reported a 5.1% increase in quarterly net revenue on Thursday, as the company’s investments to boost its digital and cloud service offerings pay off.

Net revenue rose to $8.87 billion from $8.43 billion in the third quarter ended 31 May.

Net income attributable to Accenture fell to $669.5 million or $1.05 per share, from $897.2 million or $1.41 per share a year earlier.

Accenture has been investing heavily on acquisitions to boost its digital, cloud and security-related offerings, which make up about half its total revenue. Reuters

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Published: 22 Jun 2017, 05:56 PM IST
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